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Jim Cramer Says Applied Digital is “Intriguing” but “Loses A Lot of Money”
Yahoo Finance· 2025-10-03 10:03
Core Insights - Applied Digital Corporation (NASDAQ:APLD) is recognized for its digital infrastructure solutions, including data center hosting, GPU computing, and high-performance computing services for AI, machine learning, and crypto mining [1] - The company is currently not profitable, which raises concerns among investors, as highlighted by Jim Cramer, who suggests that NVIDIA is a more profitable alternative in the same business [1] - Despite its lack of profitability, APLD is considered a speculative investment due to the growing demand for high-performance computing [1] Company Overview - Applied Digital Corporation specializes in providing digital infrastructure solutions, focusing on data center hosting and high-performance computing services [1] - The company designs and manages data centers to support advanced computing applications, which are increasingly in demand due to trends in AI and crypto mining [1] Market Position - Jim Cramer has expressed skepticism about APLD's profitability, suggesting that investors might be better off investing in more established companies like Salesforce [1] - The commentary indicates that while APLD has potential, other AI stocks may offer better upside potential with less risk [1]
X @Avi Chawla
Avi Chawla· 2025-10-03 06:33
Feature scaling is not always necessary in ML.Logistic regression (trained using SGD), SVM, MLP, and kNN classifiers usually do better with feature scaling.Tree-based models, Naive bayes, and Gradient Boosting are unaffected. https://t.co/vzy2RzLBW8 ...
Datavault AI Converts $13.3 Million in Convertible Debt, Strengthens Balance Sheet
Globenewswire· 2025-10-02 22:18
Core Insights - Datavault AI Inc. has successfully converted long-term notes with an original face value of $13.3 million, significantly strengthening its balance sheet [1][2] - The conversion of these notes is viewed as a strategic milestone that supports the accelerated launch of independent data exchanges (IDEs) and the development of supercomputing capabilities in collaboration with IBM [2] - The company recently secured a $150 million strategic equity investment in Bitcoin from Scilex, a Nasdaq-listed biotech company, which aligns with Datavault AI's focus on the biotech sector as a primary target market [2] Company Overview - Datavault AI is a leader in AI-driven data experiences, focusing on the valuation and monetization of assets within the Web 3.0 environment [3] - The company's cloud-based platform offers comprehensive solutions across various industries, including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy [3] - Datavault AI's technology suite includes patented technologies for audio transmission and high-performance computing solutions for data perception, valuation, and secure monetization [3] - The Information Data Exchange (IDE) enables the creation of Digital Twins and the licensing of name, image, and likeness (NIL), promoting responsible AI practices [3]
GDIT Awarded $1.25 Billion Enterprise Mission Information Technology Services 2 Task Order to Support U.S. Army Europe and Africa
Prnewswire· 2025-10-02 21:15
Core Insights - General Dynamics Information Technology (GDIT) has been awarded a $1.25 billion task order to support U.S. Army Europe and Africa, which includes a five-month transition period and seven option years [1][4]. Group 1: Contract Details - The task order is part of the Enterprise Mission Information Technology Services 2 (EMITS 2) initiative aimed at enhancing operational readiness [1]. - GDIT will provide enterprise IT, communications, and mission command support services to U.S. Army Europe and Africa, NATO, and other partners [4]. Group 2: Operational Importance - U.S. Army Europe and Africa plays a crucial role in providing combat-ready land forces to deter aggression in Europe and Africa [2][3]. - The command operates in a complex IT environment that requires scalable and agile IT services to meet dynamic operational needs [3]. Group 3: Technological Enhancements - GDIT plans to modernize the command's network infrastructure and implement robust cybersecurity solutions to protect critical systems [4]. - The company will leverage advanced technologies such as AI, machine learning, cloud computing, and data analytics to improve interoperability and decision-making [4]. Group 4: Company Background - GDIT is a business unit of General Dynamics, a global aerospace and defense company with over 110,000 employees and $47.7 billion in revenue for 2024 [6].
Fortinet to Announce Third Quarter 2025 Financial Results
Globenewswire· 2025-10-02 13:00
Core Points - Fortinet will hold a conference call to discuss its Q3 2025 financial results on November 5, 2025, at 1:30 p.m. Pacific Time [1] - The conference call will be available in listen-only mode on Fortinet's investor relations website [2] - Fortinet is a leader in cybersecurity, focusing on the convergence of networking and security, with over 50 enterprise-grade products [3] Company Overview - Fortinet's mission is to secure people, devices, and data globally, with a customer base exceeding half a million [3] - The company offers one of the largest integrated portfolios in the cybersecurity industry, emphasizing collaboration with public and private sectors [3] - FortiGuard Labs, Fortinet's threat intelligence organization, utilizes advanced machine learning and AI technologies for threat protection [3]
OSS Announces Closing of $12.5 Million Registered Direct Offering of Common Stock
Globenewswire· 2025-10-01 20:15
Core Viewpoint - One Stop Systems, Inc. has successfully closed a registered direct offering, raising approximately $12.5 million through the sale of 2,500,000 shares at $5.00 per share, aimed at supporting growth and enhancing financial flexibility [1][2][3] Group 1: Financial Details - The offering resulted in gross proceeds of approximately $12.5 million before deducting placement agent commissions and other expenses [1] - The company plans to utilize the net proceeds for growth strategy advancement, working capital, and business acceleration, focusing on mergers and acquisitions [3] Group 2: Company Overview - One Stop Systems, Inc. specializes in rugged Enterprise Class compute solutions for AI, machine learning, and sensor processing at the edge [1][6] - The company designs and manufactures products that enable rugged AI and autonomous capabilities across various industries, including defense, autonomous trucking, and farming [6][7] Group 3: Market Position and Strategy - The company entered the second half of the year with strong momentum and is well-positioned to pursue opportunities that will accelerate growth and extend its leadership in enterprise-class compute [2] - OSS solutions address the entire AI workflow, from data acquisition to deep learning and inference, delivering industry firsts for industrial OEM and government customers [8]
Experienced CFOs could net $321K in new role: Robert Half
Yahoo Finance· 2025-10-01 16:09
Core Insights - The pace of salary gains has moderated recently due to broader economic headwinds, indicating a shift in the labor market dynamics [3][4] - Employers are taking a more measured approach to hiring, reflecting tighter budgets and internal equity concerns, amidst economic uncertainty [4] - Concerns about the cooling labor market and slow hiring are prevalent among economists and finance leaders [4] Salary Projections - The average U.S. salary for CFOs with moderate experience is forecast to increase by approximately 0.6% to $269,750 next year, up from $268,250 [6] - Starting salary projections for first-time CFOs range from $195,500 to $321,750 for those with extensive experience [6] - Overall finance and accounting salaries are projected to rise by 2.1%, slightly below the August inflation rate of 2.9% [6] Sector-Specific Insights - The finance sector's pay raises are expected to outpace the 1.8% national average salary increase across various sectors [6] - 84% of managers surveyed indicated they would offer higher salaries to candidates with "in-demand skills" [6] - Higher than average starting pay is anticipated in public accounting, tax, audit, assurance roles, as well as in artificial intelligence, machine learning, data sciences, and marketing analytics [6]
NextNRG Expands Mobile Fueling Operations to Fort Myers, Florida
Globenewswire· 2025-10-01 13:15
Core Insights - NextNRG has launched a new mobile fueling hub in Fort Myers, Florida, enhancing its position as a leading mobile fueling provider on the Florida Gulf Coast [1][4] - The expansion aims to serve both large commercial clients and local businesses, addressing the growing demand for efficient fueling solutions in a region with significant e-commerce activity [2][4] - This move is part of NextNRG's broader growth strategy, which focuses on establishing a strong presence in key markets while expanding its national footprint [3][4] Company Strategy - The Fort Myers hub reflects NextNRG's strategy of anchoring large commercial clients while simultaneously building a local customer base around each hub [3] - The company is committed to providing a complete suite of energy solutions, which includes mobile fueling services and integrated energy management systems [3][4] - NextNRG's growth trajectory has accelerated in 2025, with revenues exceeding previous year's figures and strong projections for record performance by fiscal year-end [3] Technological Integration - NextNRG integrates artificial intelligence (AI) and machine learning (ML) into its operations, optimizing utility infrastructure and energy management [5][6] - The company operates one of the largest on-demand fueling fleets in the nation and is advancing wireless charging technologies to support fleet electrification [6]
EdgeMode and SUB1 Announce Strategic Partnership to Accelerate Data Center Projects in Europe
Prism Media Wire· 2025-10-01 13:05
Core Insights - EdgeMode Inc. and SUB1 DCS Ltd. have announced a strategic partnership aimed at accelerating the growth of EdgeMode's data centers in Europe, particularly in Sweden and Spain [2][4] - The partnership focuses on developing energy-efficient data centers tailored for next-generation customers, especially in the context of AI and high-performance computing [3][5] - EdgeMode's CEO, Charlie Faulkner, expressed confidence in SUB1's ability to leverage its market knowledge and relationships to enhance client engagement and unlock value in expansion territories [4] Company Overview - EdgeMode Inc. specializes in high-performance computing data centers, emphasizing energy-efficient colocation facilities for AI, machine learning, and cloud computing [5] - The company is actively constructing a new generation of scalable and sustainable data centers, starting with its flagship campus in Marviken, Sweden [5] - SUB1 DCS Ltd. is a developer focused on creating sustainable and efficient data center capacity for AI, cloud, and wholesale infrastructure, ensuring technical and commercial viability in its projects [6]
V2X Awarded $84 Million U.S. Navy Task Order to Support Critical Water Supply Systems in the Indo-Pacific Region
Prnewswire· 2025-10-01 11:28
Core Insights - V2X, Inc. has been awarded an $84 million task order under the U.S. Navy's Global Contingency Services Multiple Award Contract III, which includes a one-year base period and three additional option years [1][2] - The task order supports V2X's ongoing efforts at Red Hill, Hawaii, focusing on establishing a safe and reliable water supply system for the U.S. Military [2] - The award highlights V2X's commitment to providing essential services and its proven track record in meeting customer needs globally [2] Company Overview - V2X integrates physical and digital environments to enhance mission readiness, optimize resource management, and boost security across various sectors, including national security and defense [3] - The company employs approximately 16,000 professionals and leverages AI and machine learning to address complex challenges in operational domains [3]